Students will develop advanced skills that build upon those acquired in Accounting I. Additional accounting skills such as reconciling uncollectible accounts, calculating depreciation on assets, interpreting financial information, and calculating notes and interest will be developed. Computerized accounting will again be incorporated as an essential tool where resources are available. On successful completion of this course, all students will have developed knowledge on how to prepare a bank reconcitiation, record merchandising activities in perpetual and periodic inventory systems, account for uncollectible receivables, account for marketable securities, calculate depreciation for tangible fixed assets using different depreciation methods, account for short-term and long-term liabilities and stokholders’s equity.
- Teacher: Kemal Cek